--- title: "HSN Code for Of Vegetable Materials | Other | HSN 46021990 GST Rate" description: "Find HSN and GST Rates for 46021990 related to Of Vegetable Materials | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-46021990/" --- # HSN Code 46021990: Of Vegetable Materials | Other - [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/) - [Chapter 46: Manufactures of Straw, Plaiting Materials and Basketware](https://busy.in/hsn/chapter-46/) - [Sub-chapter 4602: Basketwork & Wickerwork](https://busy.in/hsn/sub-chapter-4602/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Of vegetable materials : Other : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 46021990 ? It includes Of Vegetable Materials | Other ### Does packaging or labelling change the GST for Of Vegetable Materials / Other? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### How much GST applies to Of Vegetable Materials / Other? Under HSN 46021990, Of Vegetable Materials / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Of Vegetable Materials / Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Of Vegetable Materials / Other? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Any common misclassification issue with Of Vegetable Materials / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 46021990 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹121 Cr (+2.03% YoY) — 0.0033% of India's total exports - Imports: ₹14 Cr (+11.05% YoY) — 0.0002% of India's total imports - Trade balance: ₹107 Cr (Surplus); surplus rank #1564 of 12657 HSN codes - Share of Sub-Chapter 4602: 48.75% of its exports; import side 41.02% - Rank within Sub-Chapter 4602: #1 of 9 by export value; import-side #1 ### Key metrics - Export CAGR: 23.74% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2424 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +69.67% in FY 2019-20 - Contribution to Sub-Ch. 4602: 48.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 46021990 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4602 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4602 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 33.70 | 0.0015% | — | 30.87% | 8.54 | 0.0002% | — | 42.21% | +25.16 | #3427 | | FY 2019-20 | 57.18 | 0.0026% | +69.67% | 37.25% | 11.79 | 0.0004% | +38.06% | 45.98% | +45.39 | #2696 | | FY 2020-21 | 54.69 | 0.0025% | −4.35% | 49.66% | 8.71 | 0.0003% | −26.12% | 61.08% | +45.98 | #2798 | | FY 2021-22 | 91.32 | 0.0029% | +66.98% | 54.48% | 12.32 | 0.0003% | +41.45% | 48.54% | +79.00 | #2545 | | FY 2022-23 | 113.78 | 0.0031% | +24.59% | 53.84% | 9.27 | 0.0002% | −24.76% | 36.96% | +104.51 | #2364 | | FY 2023-24 | 118.54 | 0.0033% | +4.18% | 47.80% | 12.58 | 0.0002% | +35.71% | 37.97% | +105.96 | #2367 | | FY 2024-25 | 120.95 | 0.0033% | +2.03% | 48.75% | 13.97 | 0.0002% | +11.05% | 41.02% | +106.98 | #2424 | - CAGR (7-year): exports 23.74%/yr, imports 8.55%/yr (consistently Surplus) ## Key trade insights: HSN Code 46021990 export-import analysis ### Consistent export growth: 23.74% CAGR over 7 years India's exports under HSN Code 46021990 have grown at a compound annual rate of 23.74% over 7 fiscal years, rising from ₹33.70 Crore in FY 2018-19 to ₹120.95 Crore in FY 2024-25. ### HSN Code 46021990 ranked #2424 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 46021990 ranks #2424 out of 12657 HSN codes by total export value. Within Sub-Chapter 4602, it ranks #1 of 9. By trade surplus, it ranks #1564 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 46021990 exports The strongest single-year export movement for HSN Code 46021990 was recorded in FY 2019-20, when exports surged by 69.67% over the prior year. ### India maintains a trade surplus of ₹106.98 Crore in HSN Code 46021990 goods In FY 2024-25, India's exports of ₹120.95 Cr exceeded imports of ₹13.97 Cr, resulting in a trade surplus of ₹106.98 Crore — ranking #1564 of 12657 by surplus magnitude. ### Import growth of 8.55% CAGR signals stable import dependency for Of Vegetable Materials | Other India's imports under HSN Code 46021990 have grown at 8.55% CAGR, reaching ₹13.97 Crore in FY 2024-25. ### HSN Code 46021990 contributes 48.75% of Sub-Chapter 4602 exports — ranked #1 Among the 9 HSN codes under Sub-Chapter 4602, HSN Code 46021990 ranks #1 by export value — accounting for 48.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 41.02% share (rank #1). ## Related HSN Codes in Sub-Chapter 4602 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 46021990: Of Vegetable Materials \| Other (this hsn code) | ₹121 Cr | | #2 | [HSN Code 46021919: Palm leaves products](https://busy.in/hsn/hsn-46021919/) | ₹105 Cr | | #3 | [HSN Code 46021911: Palm leaf baskets](https://busy.in/hsn/hsn-46021911/) | ₹10 Cr | | #4 | [HSN Code 46029000: Of Vegetable Materials \| Other](https://busy.in/hsn/hsn-46029000/) | ₹6 Cr | | #5 | [HSN Code 46021200: Of Vegetable Materials \| Of Rattan](https://busy.in/hsn/hsn-46021200/) | ₹4 Cr | | #6 | [HSN Code 46021100: Of Vegetable Materials \| Of Bamboo](https://busy.in/hsn/hsn-46021100/) | ₹3 Cr | | — | [HSN Code 46021011: Other Palm Leaf Articles](https://busy.in/hsn/hsn-46021011/) | — | | — | [HSN Code 46021019: Other Vegetable Plaiting Articles](https://busy.in/hsn/hsn-46021019/) | — | | — | [HSN Code 46021090: Carbonizing Base Paper](https://busy.in/hsn/hsn-46021090/) | — |